The 2015-2016 report on the operation of the Aged Care Act 1997 indicated that there were approximately 195,000 residential aged care places.
The average age for new residents is approximately 82 years for males and 84 years for females.
The Australian Treasury’s 2015 Intergenerational Report surmises that there will be a significant surge in demand for aged care accommodation.
There has been a move by large corporates into the aged care sector and there has been recent reporting of financial abuses of residents.
Families whom have relatives needing to move into aged care accommodation are confronted at a most emotionally difficult time with financing refundable accommodation deposits, daily fees, extra service fees and means tested fees.
Added to the financial complexities are Centrelink and residents agreements which are extensive and complicated.
The conflicts in interest between residents and accommodation providers are evidenced by the increase in the number of complaints to the Aged Care Complaints Commissioner.
Please do not hesitate to contact Polemic Forensic if assistance is required.